Hamad Buamim, the director general of Dubai Chamber of Commerce and Industry. Razan Alzayani / The National

Small and medium businesses in Dubai are the most positive they have been in five years amid a resurgence of the emirate’s commerce, tourism and property sectors helped by its bid to host Expo 2020 and plans to become a hub for Islamic finance, the Dubai Chamber of Commerce and Industry said.

Opportunities will also arise for SMEs as the UAE pushes to become the world centre of Islamic finance. The chamber announced last week that it would hold a Global Islamic Economy Summit in November.